May have more than one choice:
Consider the multiple regression model with two regressors X1 and X2, where both variables are determinants of the dependent variable. When omitting X2from the regression,there will be omitted variable bias for :
A. if X1 and X2 are correlated.
B. only if X2 is a dummy variable.
C. if X2 has impact on Y (dependent variable)
D. always
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